North Level Portfolio Managers Corp OH decreased its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 3.2% within the second quarter, in accordance with its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The fund owned 77,488 shares of the credit-card processor’s inventory after promoting 2,595 shares throughout the interval. Visa accounts for about 3.6% of North Level Portfolio Managers Corp OH’s holdings, making the inventory its third largest holding. North Level Portfolio Managers Corp OH’s holdings in Visa have been price $20,338,000 on the finish of the latest quarter.
A variety of different hedge funds and different institutional traders have additionally purchased and bought shares of the enterprise. Hilltop Nationwide Financial institution bought a brand new place in shares of Visa throughout the 1st quarter price roughly $1,212,000. TCI Wealth Advisors Inc. grew its holdings in shares of Visa by 0.8% throughout the 4th quarter. TCI Wealth Advisors Inc. now owns 5,107 shares of the credit-card processor’s inventory price $1,330,000 after buying an extra 40 shares throughout the interval. Absolute Capital Administration LLC bought a brand new place in shares of Visa throughout the 1st quarter price roughly $404,000. SageView Advisory Group LLC grew its holdings in shares of Visa by 40.4% throughout the 4th quarter. SageView Advisory Group LLC now owns 25,137 shares of the credit-card processor’s inventory price $6,967,000 after buying an extra 7,236 shares throughout the interval. Lastly, Davidson Capital Administration Inc. grew its holdings in shares of Visa by 0.5% throughout the 1st quarter. Davidson Capital Administration Inc. now owns 9,275 shares of the credit-card processor’s inventory price $2,588,000 after buying an extra 44 shares throughout the interval. Institutional traders personal 82.15% of the corporate’s inventory.
Analysts Set New Worth Targets
A variety of analysis analysts have weighed in on V shares. William Blair upgraded Visa to a “strong-buy” score in a report on Tuesday, July twenty third. Royal Financial institution of Canada decreased their value goal on Visa from $315.00 to $311.00 and set an “outperform” score for the corporate in a analysis report on Wednesday, July twenty fourth. Financial institution of America reaffirmed a “impartial” score and set a $297.00 value goal (down beforehand from $305.00) on shares of Visa in a analysis report on Wednesday, July tenth. JPMorgan Chase & Co. raised their value goal on Visa from $290.00 to $320.00 and gave the corporate an “chubby” score in a analysis report on Tuesday, August twentieth. Lastly, TD Cowen decreased their value goal on Visa from $320.00 to $318.00 and set a “purchase” score for the corporate in a analysis report on Wednesday, July twenty fourth. Six equities analysis analysts have rated the inventory with a maintain score, twenty-one have given a purchase score and one has issued a robust purchase score to the inventory. Based mostly on knowledge from MarketBeat.com, the corporate has a consensus score of “Reasonable Purchase” and a consensus value goal of $308.50.
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Visa Worth Efficiency
NYSE V opened at $276.37 on Friday. The corporate has a market capitalization of $505.46 billion, a PE ratio of 30.88, a price-to-earnings-growth ratio of 1.89 and a beta of 0.95. The corporate has a debt-to-equity ratio of 0.54, a fast ratio of 1.37 and a present ratio of 1.37. The enterprise’s fifty day shifting common is $265.67 and its 200 day shifting common is $273.12. Visa Inc. has a fifty-two week low of $227.78 and a fifty-two week excessive of $290.96.
Visa (NYSE:V – Get Free Report) final launched its earnings outcomes on Tuesday, July twenty third. The credit-card processor reported $2.42 earnings per share for the quarter, assembly the consensus estimate of $2.42. The corporate had income of $8.90 billion for the quarter, in comparison with the consensus estimate of $8.92 billion. Visa had a return on fairness of 51.94% and a web margin of 54.72%. Visa’s quarterly income was up 9.6% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the enterprise earned $2.16 earnings per share. Promote-side analysts predict that Visa Inc. will publish 9.91 earnings per share for the present 12 months.
Visa Dividend Announcement
The agency additionally not too long ago disclosed a quarterly dividend, which can be paid on Tuesday, September third. Stockholders of document on Friday, August ninth can be given a $0.52 dividend. The ex-dividend date is Friday, August ninth. This represents a $2.08 annualized dividend and a dividend yield of 0.75%. Visa’s payout ratio is 23.24%.
About Visa
Visa Inc operates as a fee expertise firm in the USA and internationally. The corporate operates VisaNet, a transaction processing community that permits authorization, clearing, and settlement of fee transactions. It additionally gives credit score, debit, and pay as you go card merchandise; faucet to pay, tokenization, and click on to pay companies; Visa Direct, an answer that facilitates the supply of funds to eligible playing cards, deposit accounts, and digital wallets; Visa B2B Join, a multilateral business-to-business cross-border funds community; Visa Cross-Border Resolution, a cross-border shopper funds resolution; and Visa DPS that gives a variety of value-added companies, together with fraud mitigation, dispute administration, knowledge analytics, marketing campaign administration, a set of digital options, and get in touch with middle companies.
See Additionally
Need to see what different hedge funds are holding V? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).
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